OTTAWA, ONTARIO--(Marketwire - Jan. 6, 2010) - The Canadian International Trade Tribunal today issued orders following the expiry review of its findings made on January 7, 2005, in Inquiry No. NQ-2004-005, concerning the dumping of certain fasteners originating in or exported from the People's Republic of China (China) and Chinese Taipei and the subsidizing of such products originating in or exported from China.

The Tribunal found that the resumed dumping of certain carbon steel fasteners from China and Chinese Taipei, and the resumed subsidizing of such products from China were likely to cause injury to the domestic industry. The Canada Border Services Agency (CBSA) will therefore continue to impose anti-dumping and countervailing duties on these products.

The Tribunal also found that the dumping of certain stainless steel fasteners from Chinese Taipei was unlikely to result in injury. The CBSA will therefore not continue to impose anti-dumping duties on these products.

The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.